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June 7, 2023

The Effect of Relaxing Local Housing Market Regulations on Federal Rental Assistance Programs

Abstract The majority of U.S. households that qualify for federal rental housing assistance do not receive it. In the absence of an entitlement to housing assistance, an underexplored cause of the shortfall is that higher rents in some areas driven by supply-constraining local regulations increase program costs, leaving fewer funds available to serve additional families….